Posted on 12/01/2022 9:27:43 AM PST by ChicagoConservative27
Treasury Secretary Janet Yellen blamed consumers' excessive spending habits as a primary cause for the near 40-year-high in inflation on Wednesday.
The Biden official appeared on "The Late Show with Stephen Colbert" where she was asked about the price increases that have plagued the U.S. for more than a year.
Colbert asked her to explain to his audience how inflation got out-of-hand when "two years ago everything seemed fine." The late-night host, known for his sycophantic boosting of President Biden and Democrats, even noted the Biden administration dismissed inflation as a "small risk" as recently as last year.
Yellen argued the administration managed the COVID-19 pandemic so well that consumers felt comfortable to "splurge" on goods.
(Excerpt) Read more at foxnews.com ...
Haha, channeling ‘Rat Robert Byrd and, “too much consumin goin on!”
Not her fault; she just read about inflation in the newspaper.
This reminds me of Democrat Senator Hollings, who complained that there was too much consuming going on.
And just where did the people get all this money to spend, Janet?
Yellen argued the administration managed the COVID-19 pandemic so well that consumers felt comfortable to “splurge” on goods.
—
I’m “splurging” on food and fuel.
I apologize for citing the obvious but the DC criminals who are in charge never take responsibility for their actions when those actions hurt the people at large. Tear it down and start over using the US Constitution as the blue print.
Yes it was Hollings and not Byrd as I had posted.
This administration is takes the grand prize for deflection of blame and grand championship for obtuseness.
Way too much turkey and not enough boyardee!
She knows nothing about economics, or is lying to protect her sorry-butt boss.
A. Give a bunch of kids free beer
B. Urge them to drink up
C. Blame drunk kids for puking on the carpet
Yes but those were removed from the core inflation numbers. But don’t worry if those 2 keep going up, the rest will have to come down.
People just aren’t listening to the resident. They’re still buying name brand Raisin Bran.
Not clicking fox sNews. Maybe you can tell us some details?
Wow! Blaming the people for what the Biden admin has done. She is trying to protect old “Poopy Pants Biden”!
typical Democrat response: blame the victims of their misbegotten policies ...
Splurging?! She thinks the problem us splurging?? What a dolt.
The old biatch is PO’d. Americans are going shoppin’ too much! ROTFLMO. No wonder she’s yellen. Blaming it on Americans instead of the RAT government ahos up in the District of Corruption at Jo Jo’s House. Whadda country. I’m really going to miss this clown sh*t show when I’m gone.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.